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USDon is a stablecoin backed 1:1 by a US dollar in one of Global Markets’ brokerage accounts. USDon is the stablecoin used to instantly buy or redeem Ondo tokenized stocks. When you purchase Ondo tokenized stocks with other stablecoins such as USDC, our platform atomically swaps that stablecoin for USDon and then uses USDon to buy the tokenized stock. Similarly, when you sell your tokenized stock for USDC, our platform first redeems for USDon and the swaps that for USDC, all in one atomic transaction.
U.S. Dollar Tokenized Currency (Ondo) Price Live Data
The live U.S. Dollar Tokenized Currency (Ondo) price today is $0.966120 USD with a 24-hour trading volume of $1,326.63 USD. We update our USDon to USD price in real-time. U.S. Dollar Tokenized Currency (Ondo) is down 0.78% in the last 24 hours. The current CoinMarketCap ranking is #5592, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.